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5000 OVERSEAS HIGHWAY

Commercial Recently Sold
$2,650,000

BTC: 41.40625000

ETH: 1,472.22222222

Sold on: 2020-07-01
112 days
0 room(s)
2,894 sqft

Overview

Bank owned 23 unit motel with a nearby residential duplex operated as part of the motel for a total of 25 units. Nice condition located in the heart of Marathon, FL. Property is actively operational under management company and produces cash flow with historical high occupancy and repeat business. Minor deferred maintenance and recent new roofs on buildings.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1953
Lot:
1.02 Acres
Heating:
No Data
Price/sqft:
$1,037
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$30,905
2019
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 1.02 Acres

    Other Property Information

    • Parcel Number: 00327180000000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $30,905

  • Source details

    • MLS ID: O5844943

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 2894

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STILLWATER COMPANIES REALTY